A public sector company is configuring encumbrance for managing capital budgets. The finance department needs to configure posting definitions for bank transactions. You need to configure Dynamics…

Question

Options

• AConfigure combined deposit amounts
• BConfigure budget appropriations
• CConfigure general ledger year-end close
• DConfigure advanced ledger entries

• A
  75% (12)
• B
  6% (1)
• C
  13% (2)
• D
  6% (1)

Explanation

Pooled cash accounting consists of amounts that are deposited by individual funds into a combined ledger account. This improves the control and custody over liquid assets, and promotes the efficient management of excess funds. These amounts can be managed by using a Treasurer's fund. Therefore, the appropriate proportional amount of the pooled cash and investment balances must be reported for each fund that participates in the pool. To guarantee this, appropriate due-to and due-from entries must be added to the settlements that transfer amounts from one fund to another to accomplish the settlement. https://docs.microsoft.com/en-us/dynamics365/finance/public-sector/posting-definitions-public-

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